Non-Life Insurance Products

Our company offers a range of non-life insurance products, including property and liability covers tailored to our customer’s needs. Property insurance protects assets such as buildings vehicles and equipment against risks like fire, theft, and accidental damage, while liability insurance covers legal obligations arising from third-party injury or property damage.

Get an Insurance Quote

Our Non-Life Insurance Products

Motor
Fire
General Accident
Engineering
Liability
Marine
Pecuniary Products
Other Classes of Business

Motor Comprehensive

The insurance policy covers:
(✔) Accidental collision or overturning upon mechanical breakdown or wear and tear but excluding damage to tires unless such insured motor vehicle is damaged at the same time.
(✔) Fire, Self-Ignition, external explosion, lightening, theft
(✔) Malicious act
(✔) Transit risk
(✔) Impact damage caused by failing objects
(✔) Legal liability to third parties for bodily injury or death and damage to property up to specified limit.

Motor Commercial Own Damage

Commercial vehicles policy which applies to commercial vehicles: This policy indemnifies the insured against loss of or damage to the insured commercial motor vehicle and/or its accessories

Motor Private Own Damage Policy

Private vehicles policy is issued to private cars; this policy indemnifies the insured against loss of or damage to the insured private motor vehicle and/or its accessories

Compulsory Vehicle Insurance Against Third Party Risks

Legally required cover that compensates third parties for bodily injury, death, or property damage caused by the insured vehicle.

Third Party Fire and Theft

Provides third-party liability cover along with protection against fire damage or theft of the insured vehicle.

Motor Trade (Internal/External)

Covers vehicles owned or in custody of motor traders against damage or liability during business operations, whether within or outside premises.

Standard Fire & Lightning Policy

Covers Loss of or damage to the insured property by fire, lightning and explosion of boiler/gas used for domestic purpose.

Fire & Lightning with Allied Perils

On payment of additional premium the policy can be extended to include the following additional specified perils including: Aircraft Damage, Impact Damage, Earthquake, Spontaneous Combustion, Storm, Tempest and Flood, Bursting or Overflowing of Water Apparatus, Bush Fire, Subsidence and/or Collapse, Strike, Riot and Malicious Damage, Explosion, and Sprinkler Leakage.

Industrial All Risks

Provides comprehensive cover for industrial properties against accidental physical loss or damage from multiple risks, including machinery and stock.

Horticulture

Covers loss or damage to horticultural crops due to insured perils such as fire, frost, pests, diseases, or natural disasters.

Householders comprehensive Insurance

The objective of “Householder’s Comprehensive Insurance” is to indemnify the insured against loss or damage to the contents, buildings and other contingencies specified in the schedule caused by fire, theft or any other accident or misfortune not specifically excluded under the policy.

Burglary & Housebreaking

Covers loss or damage to property resulting from theft involving forcible or violent entry or exit.

Business Interruption 

This protects against losses due to an interruption in business occurring immediately after, and in consequence of, material damage to property. Cover is in respect of the actual loss of earnings of the business, adjusted for business trends, plus the increased costs associated with the business recovery. 

Personal Accident

Provides compensation for death or disablement due to accidental bodily injury. It offers a 24-hour accident cover.

Group Personal Accident

Offers personal accident coverage for a group of individuals under one policy, often arranged by employers as a benefit to employees with 24 hours accident coverage.

Machinery Breakdown

Covers sudden and unforeseen physical loss or damage to machinery while in use or at rest.

Boiler and Pressure Vessels

Protects against explosion or collapse of boilers and pressure vessels, including resulting property damage and liability.

Electronic Equipment

Covers accidental and unforeseen physical loss or damage to electronic devices such as computers, medical, or laboratory equipment.

Contractors All Risk

Provides comprehensive cover for civil construction projects against accidental loss or damage during construction.

Erection All Risk

Similar to CAR but designed for installation and erection projects such as plant or machinery setup.

Contractors Plant and Machinery

Covers contractors’ heavy equipment and machinery against accidental damage at work sites and during transit.

Deterioration Of Stock (DOS)

Deterioration of stock insurance covers damage to goods stored in specified cold storage spaces, which occurs as a result of a change in temperature caused by a breakdown of the refrigeration equipment or accidental damage to it.

Machinery Loss of Profit (MLOP)

Machinery Loss of Profit (MLOP) covers the loss of gross profit and the increased cost of working arising from an accident to insured machinery that causes a reduction in turnover or output.

Workmen’s Compensation Insurance

Provides cover to employees for death or injury sustained in the course of employment due to work related accidents or occupational diseases.

Public Liability

Covers legal liabilities for bodily injury or property damage to third parties arising out of business operations.

Professional Indemnity

Protects professionals against legal liability arising from negligence, errors, or omissions in the performance of professional duties.

Product Liability

Protects manufacturers and suppliers against claims arising from defects in their products causing injury or damage.

Carrier’s Liability

Covers transport operators against legal liabilities for loss or damage to goods in their custody during transit.

Marine Cargo – Inland Transit

Covers goods against loss or damage while being transported by land.

Marine Cargo – Single Transit (Import/Export)

Provides cover for goods in transit between specified locations by sea or air.

Political Violence and Terrorism

Covers loss or damage to property resulting from political violence events such as terrorism, riots, strikes, or civil commotion.

All Risk Insurance

Covers accidental loss or damage to insured property from any cause not specifically excluded under the policy, within the stated geographical area.

Plate Glass

Covers accidental breakage of fixed glass on business premises.

Bid Bond

Guarantees that a bidder will honor their bid and sign the contract if awarded.

Performance Bond

Ensures the contractor fulfills contractual obligations as per the agreed terms.

Advance Payment Bond

Guarantees repayment of advance payments made to a contractor if they fail to perform.

Customs Bond

Ensures compliance with customs regulations and payment of duties or penalties if required.

Retention Bond

Issued as a substitute for cash retention deducted from contractor payments. It secures the employer against defects or non-performance during the defects liability period and is released upon completion of that period.

Maintenance Bond

Issued after project completion. Secures the employer against defects arising during the maintenance period. Called only if the contractor fails to rectify defects.

Fidelity Guarantee Insurance

Covers loss of money or goods resulting from the dishonest or fraudulent acts of employees.

Money Insurance

Covers loss of money in transit or on premises due to theft, robbery, or hold-up.